‘From the age of twelve I made a living by buying towels, needles, shampoo and soap and re-selling them as a street vendor. Now, I run three hotels in Hanoi’ - Duong Than Binh.
Which factors of production are likely to be involved in the above events?
1 )
land only
2 )
land and labour only
3 )
land, labour and capital only
land, labour, capital, enterprise
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